We will fund the Temple Project through building pledges and other capital financing. New Life Covenant Church is seeking pledged donations from our members to be used toward obtaining collateral for the construction of our project.
A commitment card helps the church to understand what kinds of contributions to expect and when to expect them. By completing this card, you allow the church to move forward with a thoughtful and wise financial plan.
A commitment card is a statement of intent—not a contract. If your financial circumstances change significantly, your giving should also change. Simply contact the church to adjust your commitment pledge. Letting the church know about the change (increase, decrease, or timing) in your giving allows us to plan wisely.
We are asking for a three year financial response that formally begins in May 2011. You decide your personal giving schedule whether weekly, monthly, quarterly, one-time contributions, asset transfers, or another schedule of your choice. Decide upon a plan that works best for you and then communicate it to the church to help us understand your giving plan.
Yes, annual statements will be distributed for all contributions given during a calendar year that will reflect the actual amount given during that year. These statements can be used to support tax deductible contributions according to IRS rules and regulations. For more information please see IRS publication 1771.